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GoTo Shares Plunge After Stock Exchange Removes Price Floor

Key Points

GoTo Group shares tumbled after Indonesia’s stock exchange eliminated its 50-rupiah price floor, unleashing pent-up selling pressure from investors who had been unable to exit at the mandated minimum price.

GoTo Group shares tumbled after Indonesia’s stock exchange eliminated its 50-rupiah price floor, unleashing pent-up selling pressure from investors who had been unable to exit at the mandated minimum price.
GoTo Shares Plunge (ORG) Floor GoTo Group (ORG) Indonesia (LOCATION)
Originally published by Bloomberg Markets Read original →